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Renovare Environmental (Renovare Environmental) Retained Earnings : $-96.00 Mil (As of Mar. 2022)


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What is Renovare Environmental Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Renovare Environmental's retained earnings for the quarter that ended in Mar. 2022 was $-96.00 Mil.

Renovare Environmental's quarterly retained earnings declined from Sep. 2021 ($-74.79 Mil) to Dec. 2021 ($-92.06 Mil) and declined from Dec. 2021 ($-92.06 Mil) to Mar. 2022 ($-96.00 Mil).

Renovare Environmental's annual retained earnings declined from Dec. 2019 ($-52.79 Mil) to Dec. 2020 ($-68.54 Mil) and declined from Dec. 2020 ($-68.54 Mil) to Dec. 2021 ($-92.06 Mil).


Renovare Environmental Retained Earnings Historical Data

The historical data trend for Renovare Environmental's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Renovare Environmental Retained Earnings Chart

Renovare Environmental Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -29.43 -44.59 -52.79 -68.54 -92.06

Renovare Environmental Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.46 -68.85 -74.79 -92.06 -96.00

Renovare Environmental Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Renovare Environmental  (OTCPK:RENO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Renovare Environmental (Renovare Environmental) Business Description

Traded in Other Exchanges
N/A
Address
80 Red Schoolhouse Road, Suite 101, Chestnut Ridge, NY, USA, 10977
Renovare Environmental Inc, formerly BioHiTech Global Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. Its technologies for waste management include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. When used individually or in combination, the solution lowers the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage.
Executives
Harriet Hentges director 3222 SCOTT PLACE NW, WASHINGTON DC 20007
Frank E. Celli director 27 BRADLEY LANE, MONTVALE NJ 07645
Frank E. Celli Family Trust 10 percent owner 80 RED SCHOOLHOUSE ROAD, SUITE 101, CHESTNUT RIDGE NY 10977
Anthony Fuller director 80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC., CHESTNUT RIDGE NY 10977
Walter Iii Littlejohn director 80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC,., CHESTNUT RIDGE NY 10977
Nicholaus Rohleder director 80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC., CHESTNUT RIDGE NY 10977
Brian C. Essman officer: CHIEF FINANCIAL OFFICER 59 ST JOHNS RD., WILTON CT 06897
James D. Chambers director 317 EATON LANDING DRIVE, ANNAPOLIS MD 21401
Robert A. Joyce officer: Chief Operating Officer 1818 SIGNAL HILL DRIVE, MECHANICSBURG PA 17050
Van Oort Douglas M director 12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Bob G Gower 10 percent owner 402 TIMBERWILDE LANE, HOUSTON TX 77024
Penn Venture Partners , L.p. other: 5% Shareholder 132 STATE STREET, HARRISBURG PA 17101
Conundrum Capital Partners, Llc 10 percent owner 317 EATON LANDING DRIVE, ANNAPOLIS MD 21401
Robert A. Graham director 112 CETON COURT, BROOMALL PA 19008
John P. Glauda 10 percent owner 8409 CAESARS HEAD DRIVE, WAXHAW NC 28173